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Koru Med Sys - KRMD STOCK NEWS

Welcome to our dedicated page for Koru Med Sys news (Ticker: KRMD), a resource for investors and traders seeking the latest updates and insights on Koru Med Sys stock.

KORU Medical Systems, Inc. (symbol: KRMD) is a prominent developer and manufacturer of innovative medical devices and supplies, headquartered at 24 Carpenter Road, Chester, New York, United States. Specializing in mechanical infusion products, the company is renowned for its cutting-edge FREEDOM Infusion Systems. These systems include the FREEDOM60 and FreedomEdge Syringe Drivers, designed to provide efficient and reliable delivery of life-saving therapies.

KORU Medical Systems primarily focuses on subcutaneous infusion devices, which are essential for administering immunoglobulin therapies to patients suffering from chronic illnesses such as Primary Immunodeficiencies (PIDD) and Chronic Inflammatory Demyelinating Polyneuropathy (CIDP). Their product line features the Precision Flow Rate Tubing and HIgH-Flo Subcutaneous Safety Needle Sets, enhancing the safety and effectiveness of home-based treatments.

The company's commitment to quality and innovation has positioned it as a leader in the medical device industry. Recent achievements include advancements in product technology and expanded partnerships aimed at enhancing patient care and expanding market reach. KORU Medical Systems continues to prioritize patient-centered solutions, ensuring their products meet the highest standards of safety and performance.

News

KORU Medical Systems, Inc. Announces 2023 Third Quarter Financial Results and Updates Full Year 2023 Outlook

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KORU Medical Systems, Inc. (NASDAQ: KRMD) reported third quarter net revenue of $7.0 million, a 10% decline versus the prior year. The company also updated its full year 2023 outlook, revising net revenue guidance to $28.0 to $28.5 million and reaffirming gross margin guidance between 58%-60% for the full year.
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KORU Medical Systems, Inc. Receives FDA 510(k) Clearance for FREEDOM60® Infusion System With Hizentra® 50 ML Prefilled Syringes

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KORU Medical Systems, Inc. (NASDAQ: KRMD) Receives FDA Clearance for FREEDOM60® Infusion System with Hizentra® 50 mL Prefilled Syringes, Expanding Benefits of SCIg Therapy in the Home
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KORU Medical Systems to Participate in Upcoming Investor Conferences

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KORU Medical Systems (NASDAQ: KRMD) will participate in two upcoming investor conferences: Canaccord MedTech, Diagnostics and Digital Health & Services Forum and the 14th Annual Craig-Hallum Alpha Select Conference, both on November 16th, 2023.
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KORU Medical Systems to Report Third Quarter Financial Results on November 8, 2023

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KORU Medical Systems will report its third quarter 2023 financial results on November 8, 2023. The company will host a conference call and webcast to discuss the results and provide a corporate update.
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KORU Medical Systems to Present Two Abstracts at the Immunoglobulin National Society 2023 National Conference

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KORU Medical Systems to present two abstracts at the Immunoglobulin National Society 2023 National Conference
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KORU Medical Systems, Inc. Announces Appointment of Edward Wholihan to Its Board of Directors

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KORU Medical Systems appoints Edward Wholihan to its Board of Directors, bringing over 25 years of experience as CFO in the life sciences and healthcare sectors. His insights are expected to contribute to the company's future growth and success.
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KORU Medical Systems to Participate in the Gilmartin Group Emerging Growth Company Showcase

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KORU Medical Systems to participate in Gilmartin Group Emerging Growth Company Showcase on September 21, 2023
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KORU Medical Systems, Inc. Announces 2023 Second Quarter Financial Results and Updates Full Year 2023 Outlook

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KORU Medical Systems to Participate in the Genuity 43rd Annual Growth Conference

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KORU Medical Systems, Inc. Announces Preliminary Second Quarter 2023 Revenues and Provides Business, Outlook and Executive Updates

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FAQ

What is the current stock price of Koru Med Sys (KRMD)?

The current stock price of Koru Med Sys (KRMD) is $3.71 as of February 21, 2025.

What is the market cap of Koru Med Sys (KRMD)?

The market cap of Koru Med Sys (KRMD) is approximately 177.8M.

What does KORU Medical Systems, Inc. specialize in?

KORU Medical Systems specializes in developing and manufacturing mechanical infusion products, particularly the FREEDOM Infusion Systems.

Where is KORU Medical Systems, Inc. located?

The company is based at 24 Carpenter Road, Chester, New York, United States.

What are the primary products of KORU Medical Systems?

The primary products include the FREEDOM60 and FreedomEdge Syringe Drivers, Precision Flow Rate Tubing, and HIgH-Flo Subcutaneous Safety Needle Sets.

Who benefits from KORU Medical Systems' products?

Patients with chronic illnesses such as Primary Immunodeficiencies (PIDD) and Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) benefit from their products.

What recent achievements has KORU Medical Systems accomplished?

Recent achievements include technological advancements in product development and expanding partnerships to enhance patient care and market reach.

What is the FREEDOM Infusion System?

The FREEDOM Infusion System is a mechanical infusion device designed to deliver immunoglobulin therapies efficiently and safely.

Why is KORU Medical Systems considered a leader in the industry?

The company is recognized for its commitment to quality, innovation, and patient-centered solutions in the medical device industry.

What is the focus of KORU Medical Systems' product development?

Their product development focuses on creating subcutaneous infusion devices for home-based treatments.

How does KORU Medical Systems ensure product safety?

The company ensures product safety by maintaining high standards in their design and manufacturing processes.

What kind of partnerships has KORU Medical Systems established?

They have established partnerships aimed at improving patient care services and expanding their market presence.
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Koru Med Sys

Nasdaq:KRMD

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KRMD Stock Data

177.85M
42.55M
6.3%
54.38%
1.06%
Medical Instruments & Supplies
Surgical & Medical Instruments & Apparatus
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United States
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